International Business Management Exam #1
questions well answered to pass graded A+
updated
1. Culture is a system of values and norms that are shared among a group of
people and that when taken together constitute a design for living
2. Determinants
of Culture Religion, Social Structure, Language, Education, Economic Philosophy,
Political Philosophy.
3. Globalization The worldwide trend of the economies of the world becoming
borderless and interlinked.
4. 7 Key Trends 1.Disintegrating borders
2. Growing cross-border trade and investment
3. The rise of global products and global customers
4. The internet and information technology
5. Privatizations of formerly government-owned firms
6. New competitors in the world market
7. The rise of global standards of quality and production
5. Forces
behind 1. Growing Consumer Demand for Foreign Products
Globalization 2. Better transport, technology, infrastructure
3. Declining Trade and Investment Barriers
6. World Trade
Or- ganization is the only global international organization dealing with the rules of trade
between nations.
7. The World Bank Promotes Economic Development
8. The United
Na- tions Maintains international peace and
security Develops friendly relations
among nations Cooperates in solving
international problems Promotes
respect for human rights
1/
7
, International Business Management Exam #1
questions well answered to pass graded A+
updated
Is a center for harmonizing the actions of nations
9. maintains order in the international monetary system
2/
7
questions well answered to pass graded A+
updated
1. Culture is a system of values and norms that are shared among a group of
people and that when taken together constitute a design for living
2. Determinants
of Culture Religion, Social Structure, Language, Education, Economic Philosophy,
Political Philosophy.
3. Globalization The worldwide trend of the economies of the world becoming
borderless and interlinked.
4. 7 Key Trends 1.Disintegrating borders
2. Growing cross-border trade and investment
3. The rise of global products and global customers
4. The internet and information technology
5. Privatizations of formerly government-owned firms
6. New competitors in the world market
7. The rise of global standards of quality and production
5. Forces
behind 1. Growing Consumer Demand for Foreign Products
Globalization 2. Better transport, technology, infrastructure
3. Declining Trade and Investment Barriers
6. World Trade
Or- ganization is the only global international organization dealing with the rules of trade
between nations.
7. The World Bank Promotes Economic Development
8. The United
Na- tions Maintains international peace and
security Develops friendly relations
among nations Cooperates in solving
international problems Promotes
respect for human rights
1/
7
, International Business Management Exam #1
questions well answered to pass graded A+
updated
Is a center for harmonizing the actions of nations
9. maintains order in the international monetary system
2/
7
